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The labor market in Russia, 2000–2017

Author

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  • Vladimir Gimpelson

    (HSE University, Russia, and IZA, Germany)

Abstract

Being the largest economy in the Eurasian region, Russia's labor market affects economic performance and well-being in several former Soviet countries. Over the period 2000–2017, the Russian labor market survived several deep crises and underwent substantial structural changes. Major shocks were absorbed largely via wage adjustments, while aggregate employment and unemployment showed little sensitivity. Workers have paid the price for this rather stable employment situation in the form of volatile wages and a high risk of low pay.

Suggested Citation

  • Vladimir Gimpelson, 2019. "The labor market in Russia, 2000–2017," IZA World of Labor, Institute of Labor Economics (IZA), pages 466-466, September.
    • Handle: RePEc:iza:izawol:journl:2019:n:466
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    References listed on IDEAS

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    Cited by:

    1. Demidova, O. & Timofeeva, E., 2021. "Spatial aspects of wage curve estimation in Russia," Journal of the New Economic Association, New Economic Association, vol. 51(3), pages 69-101.
    2. Larisa Shpakovskaya & Zhanna Chernova, 2022. "How the Everyday Logic of Pragmatic Individualism Undermines Russian State Pronatalism," Social Inclusion, Cogitatio Press, vol. 10(3), pages 184-193.
    3. Bargain, Olivier & Etienne, Audrey & Melly, Blaise, 2021. "Informal pay gaps in good and bad times: Evidence from Russia," Journal of Comparative Economics, Elsevier, vol. 49(3), pages 693-714.
    4. E. A. Edinak, 2021. "Influence of Key Macroeconomic Factors on the Dynamics of Employment of the Population of the Russian Federation," Studies on Russian Economic Development, Springer, vol. 32(4), pages 391-398, July.

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    More about this item

    Keywords

    education; human capital; transition economics; unemployment; earnings dynamics;
    All these keywords.

    JEL classification:

    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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